News

NOL staggers from US$478m blow in 2011

As higher fuel costs have adversely affected the container shipping industry last year.

NOL staggers from US$478m blow in 2011

As higher fuel costs have adversely affected the container shipping industry last year.

Genting’s net profit jumps 55% to S$1b in 2011

As Universal Studios Singapore attracted a whopping 10,250 visitors daily, with each visitor spending an average of S$86.

3% of financial leaders to cut permanent headcount

But don’t worry, as 31% of CFOs plan to hire more staff in the first half of 2012.

Will there be more tourists in Singapore this year?

Singapore Tourism Board expects visitor arrivals to moderate but new attractions will still come online to bolster tourism.

Chart of the Day: Home Price Index of Asian Countries

Moody’s cited Singapore as amongst countries in Asia that are at risk of bursting real estate bubbles.

Currency Briefing - what you need to know for Wed Feb 22, 2012

There was a boost in Asian currencies, including the Singapore dollar, but it didn’t linger.

Singapore Markets Morning Briefing - what you need to know for Wed Feb 22, 2012

Greece secured a second round of financing from the Eurozone but didn’t provide much inspiration.

Domestic wholesale trade shrank yet again

Guess which sector weighed down the index the most to a 0.9% qoq contraction in Q411.

Which two sectors lost big in foreign wholesale trade?

Transport equipment and houehold equipment & furniture both declined double-digits due to lower sales abroad.

What Singapore networks should know about mobile data usage

Mobile broadband traffic is growing at 83% worldwide with video streaming gaining even more traction among users.

OUE’s net profit plunges 57% to S$337.4m in 2011

As investment properties held by the group’s associate, OUB Centre Limited, did poorly last year.

CapitaMalls Asia's latest spending spree revealed

CMA will be investing a total of S$217.4m for its latest acquisitions.

Chart of the Day: Singapore’s business tax one of the lowest in the world

Corporate income tax rate shall stay at 17% as the 2012 Budget did not propose any reduction but find out the implications.

Currency Briefing - what you need to know for Tues Feb 21, 2012

The Singapore dollar along with other Asian currencies were stronger against the US dollar.

Singapore Markets Morning Briefing - what you need to know for Tues Feb 21, 2012

Nikkei is having a flat start while the STI is expected to keep up its momentum.

Singapore Land rentals and sales to remain in a tailspin

Both major revenue streams are facing difficulties in 2012 that will be hard to surmount.

Singapore firms most keen to invest in China

There was a 50% increase in interest for executing projects in the booming Asian nation since 2009.